Gold Ideas for 14th of April

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📊 Market Structure Overview

Trend Analysis: Price has reached premium levels, suggesting a potential for short-term pullbacks within the broader bullish trend.

Key Levels: Monitoring for breaks below 3025 to signal a shift in macro bias.

🔑 Key Technical Zones & Confluences

Premium Sell Zone: 3248–3268, characterized by unmitigated order blocks and potential liquidity traps.

Internal Demand Zone: Around 3180, aligning with trendline support and Fibonacci retracement levels.

Strong FVG & Order Block: 3137–3145, indicating a significant area of interest for potential reversals.

📝 Plan of Action

🔻 Sell Scenario 1

Entry: 3242 – 3248

Stop Loss: 3255

Take Profits: TP1: 3215 | TP2: 3188 | TP3: 3160

Rationale: Anticipating rejection from fresh M15 order block with liquidity sweep above 3242. RSI divergence noted as additional confluence; confirmation required on M5.

🔻 Sell Scenario 2

Entry: 3260 – 3268

Stop Loss: 3275

Take Profits: TP1: 3235 | TP2: 3200 | TP3: 3165

Rationale: Targeting final premium order block with unmitigated H1 zone and imbalance. Ideal for NY session traps; look for bearish engulfing patterns.

🟢 Buy Scenario 1

Entry: 3180 – 3172

Stop Loss: 3165

Take Profits: TP1: 3205 | TP2: 3230 | TP3: 3250

Rationale: Confluence of trendline and M30 order block with internal structure support. Requires bullish price action and CHoCH on M5 for confirmation.

🟢 Buy Scenario 2

Entry: 3137 – 3142

Stop Loss: 3129

Take Profits: TP1: 3180 | TP2: 3205 | TP3: 3240

Rationale: Major imbalance and H1 order block with RSI confluence. Look for bullish engulfing or aggressive CHoCH on lower time frames.

📌 Key Zones Recap

Premium Sell Zone: 3248–3268

Internal Demand Zone: 3180

Strong FVG & OB: 3137–3145

Critical Support: 3025 (break indicates macro bias shift)

📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.

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